Aaron Million

Federal regulators have granted a rehearing for further consideration of a Colorado businessman’s proposal to build a pipeline to deliver water from southwestern Wyoming to southeast Wyoming and Colorado’s Front Range.

A Colorado businessman seeking to build a pipeline to deliver water from Wyoming to Colorado’s Front Range estimates that whoever designs, builds, finances and operates the project could see at least a $1.4 billion profit.

A study commissioned by an environmental policy group says diverting water from the Flaming Gorge Reservoir and Green River in Wyoming to Colorado could hurt tourism and recreation in the area, though effects could be mitigated.